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These are the user uploaded subtitles that are being translated: 1 00:00:00,330 --> 00:00:07,530 OK let's get deeper into how you could enter into trade aggressively for the turn right. 2 00:00:07,750 --> 00:00:15,300 I'm not sure you can get better entries by using women orders and you may also scale them into your 3 00:00:15,300 --> 00:00:15,990 traits. 4 00:00:16,900 --> 00:00:18,860 Kate would jump into the charts right away. 5 00:00:20,740 --> 00:00:26,710 Explore the different scenarios and how to answer aggressively to the market. 6 00:00:28,100 --> 00:00:35,210 That's used this chart the show dollar and we'll study this part of the move here. 7 00:00:35,220 --> 00:00:35,660 OK. 8 00:00:37,260 --> 00:00:38,220 This Duntroon 9 00:00:40,980 --> 00:00:41,270 OK. 10 00:00:41,360 --> 00:00:52,600 So prices when the down side strong healthy doctrine tries to made the new low but the pullback makes 11 00:00:52,600 --> 00:00:53,900 a higher high. 12 00:00:54,180 --> 00:00:56,960 First clue that we may fall into a range 13 00:01:01,170 --> 00:01:03,550 what happens in the range three things can happen. 14 00:01:04,490 --> 00:01:07,880 Either it gets contain a false break or break out. 15 00:01:08,570 --> 00:01:15,560 Yes I'm seeing a potential move a shift of direction direction is down. 16 00:01:15,560 --> 00:01:20,030 This is the turn make another turn here. 17 00:01:21,120 --> 00:01:27,470 Market blue flare up and red for them and rather we hear right now 18 00:01:31,290 --> 00:01:32,330 right over here. 19 00:01:32,470 --> 00:01:38,620 We know that the market it's an arrangement that's trying to figure out what kind of range it falls 20 00:01:38,620 --> 00:01:39,320 into. 21 00:01:40,310 --> 00:01:44,040 We don't know yet at this point. 22 00:01:44,330 --> 00:01:52,890 But right over here we had made a pullback of this hymens This is our spot to re-enter 23 00:01:58,380 --> 00:02:11,290 the second rally base rally strong demand and will make price turn to the downside here and as price 24 00:02:11,290 --> 00:02:19,810 approaches this will we may place them in order anywhere on the top part of this triangle. 25 00:02:20,160 --> 00:02:27,660 And your stock has to be beyond the last barrier which is the low here can not build this rectangle 26 00:02:27,650 --> 00:02:28,590 is too risky. 27 00:02:31,710 --> 00:02:37,650 Below the low is the safest place to go. 28 00:02:37,720 --> 00:02:45,970 So you simply place a limit order on the top part of this rectangle before the market turns to the upside. 29 00:02:47,340 --> 00:02:51,050 All right which is Douglas B on this point. 30 00:02:51,440 --> 00:03:00,480 What happens it turns right that we move this blue vertical line to market turn press. 31 00:03:00,610 --> 00:03:11,160 OK so simple as that you may also scale in your entries by using two or three entries for trade. 32 00:03:11,390 --> 00:03:18,430 The green line on top here is the first level where you could take some of them in order. 33 00:03:18,910 --> 00:03:19,890 First time in order. 34 00:03:19,890 --> 00:03:27,080 Second in order stop loss for both of them right below on this red line. 35 00:03:27,150 --> 00:03:32,400 So you're going to order before the term simply means that you did not wait for this turn in price to 36 00:03:32,400 --> 00:03:33,240 happen. 37 00:03:33,330 --> 00:03:38,490 You anticipate this level to cool you get a direction bias right. 38 00:03:38,690 --> 00:03:45,790 And this is the first retest the first bands of demand level and you're pretty sure it's going to hold. 39 00:03:46,200 --> 00:03:51,890 Right price went up form the channel. 40 00:03:52,200 --> 00:03:53,420 Take a look at another. 41 00:03:53,440 --> 00:03:54,020 There you go. 42 00:03:55,820 --> 00:03:56,390 OK. 43 00:03:56,460 --> 00:04:01,600 Just the most recent move here really strong downtrend right. 44 00:04:01,860 --> 00:04:08,350 Big bodies showing that momentum is also going with direction. 45 00:04:08,790 --> 00:04:12,050 Till finally it's going against the direction here. 46 00:04:13,190 --> 00:04:23,700 Firstly this is Channel this is a corrective with going against an impulsive way. 47 00:04:24,170 --> 00:04:29,330 So we already know that the jános going to break to the downside at some point. 48 00:04:29,970 --> 00:04:32,510 OK but where's the point. 49 00:04:32,590 --> 00:04:35,480 You think it's going to break right. 50 00:04:37,520 --> 00:04:44,120 So this is a level where previous support resistance. 51 00:04:44,330 --> 00:04:49,290 Remember the smart boys need to push prices lower. 52 00:04:49,330 --> 00:04:53,690 They need to trick the mass the thinking that it's going to the upside. 53 00:04:55,740 --> 00:04:56,690 Right. 54 00:04:56,790 --> 00:05:02,330 When there are enough retail traders on the other side of the trades that pull that trigger. 55 00:05:02,580 --> 00:05:10,720 So this area here marked a turn in press if you're planning to go short before the turn happens you're 56 00:05:10,720 --> 00:05:13,960 being more aggressive anticipating turn to happen. 57 00:05:13,990 --> 00:05:14,530 OK. 58 00:05:14,740 --> 00:05:19,650 Number plates just stop loss the further end of the last little barrier. 59 00:05:19,640 --> 00:05:22,260 OK lots of levels here. 60 00:05:24,770 --> 00:05:25,310 There's one 61 00:05:29,680 --> 00:05:31,990 this is supply level 62 00:05:37,210 --> 00:05:38,130 Here's another one. 63 00:05:40,030 --> 00:05:47,890 That's also the top one the top rectangle coincides with always on the stop zone. 64 00:05:47,950 --> 00:05:53,040 OK so this Stubbles has to be above the last barrier here. 65 00:05:53,040 --> 00:06:00,470 If you choose to scale in India traits you may already start to think you sell them in order on this 66 00:06:00,470 --> 00:06:02,950 rectangle followed by the second time. 67 00:06:03,190 --> 00:06:03,730 OK. 68 00:06:03,860 --> 00:06:13,170 If you just want to have a single entry you look for price to come near the stock lost as close as possible. 69 00:06:13,410 --> 00:06:19,240 So you could use a small stop loss and get a good profit reward out of it. 70 00:06:19,620 --> 00:06:24,160 But if you are afraid of missing out on the human scale the your guy. 71 00:06:24,160 --> 00:06:29,040 So this is how you turn a trade aggressively before the turn happens. 72 00:06:29,040 --> 00:06:35,880 Remember you are anticipating the turn to happen at your level because you sure that level would hold. 6758

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